27 q

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Querist : Anonymous

Querist : Anonymous (Querist)

09 November 2017 Dear Sir,
Pls define me what is 27Q in TDS and in which case we deducted TDS under 27Q.

B Vinay Reddy

B Vinay Reddy (Expert)
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09 November 2017 Form 27Q: This form has to be filled up for declaration of TDS returns in detail by NRIs and foreignersThis form is based on the payments of foreigners and NRIs other than salary.It is compulsory for non-Government deductors to mention the PAN in the form.For Government deductors, "PANNOTREQD" has to be mentioned.The deductor category needs to be indicated based on the Annexure 1.If the deductors are Central Government, the Ministry/Department has to be mentioned. The same goes for the State Government.It is mandatory to fill in all the amount columns. If an amount is not applicable, 0.00 has to be mentioned.This is a quarterly tax deduction statement under the sub?section (3), Section 200 of the Income?tax Act, 1961. source ( Bank bazar )